Why is Prec. Electronic falling/rising?

As of 15-Oct, Precision Electronics Ltd is experiencing a price increase, with its current price at Rs. 261.10, reflecting a rise of 5.1 (1.99%). The stock has hit a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last seven days, accumulating a total return of 14.47% during this period. Additionally, the stock has significantly outperformed the sector by 1.73%. Over various time frames, the stock has shown impressive returns, including a year-to-date increase of 103.51% and a three-year return of 481.51%. However, there has been a noted decline in investor participation, with delivery volume falling by 19.73% against the five-day average, which may indicate a potential concern for future momentum.
In the broader market context, Precision Electronics Ltd's short-term performance has been notably strong, with a one-week return of 10.03%, significantly outpacing the Sensex, which only increased by 1.02% during the same period. This trend of outperformance is consistent across other time frames as well, with the stock showing a one-month return of 38.11% compared to the Sensex's 1.00%. The liquidity of the stock remains adequate, allowing for trades without significant issues, despite the recent drop in delivery volume. Overall, while the stock is currently rising, the decrease in investor participation could be a factor to monitor moving forward.